The critical factor here, is the word freemium which makes TeamLab a very attractive portal that can organize business tasks and milestones, store and share your corporate or personal documents, use social networking tools such as blogs and forums, as well as communicate with your team members via corporate instant messengers.
To summarize it all, this service is a platform that caters to document and project management as a whole. Yet, the freemium model makes it even more attractive in such ways that users will be able to do many project management tasks even with just the basic features.
With already a 10GB space to work with at your disposal, this storage capacity is already more than enough. With TeamLab, users will be able to creative private projects for users and handle participants abilities, schedule project milestones and get notified before the due date, access rights management, time tracking and more!
There is even an option for you to run this portal in your network. You can download and compile the source code and deploy it on your own server. This is how flexible TeamLab is. Upgrading for advanced premium features can be done anytime you feel the need to.
So to get started once you create an account, get yourself acquainted to what TeamLab can help you do. Even the basic features are more than enough. Check it out.